Coffee Closes Sharply Lower on the Week Despite a Modest Rebound on Friday

December arabica coffee (KCZ26 ) closed up +1.75 (+0.61) on Friday, and January ICE robusta coffee (RMF27 ) closed up +28 (+0.88%). NY arabica coffee rebounded mildly higher on Friday from Thursday’s 1-month low, retracing a small part of the sharp sell-off seen over the past two weeks. However, NY...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock